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1141  Economy / Gambling discussion / Re: [Boxing] Mark Magsayo vs Rey Vargas WBC Featherweight Title (July 9) on: June 22, 2022, 01:11:14 PM

It's weird the bookies doesn't have listed this match, probably this is small fight for them and they didn't include it? Many upcoming events like trilogy GGG vs Canelo have been listed on all bookies while the fight will happen 3 months more, while this one around 2 weeks again.


They will list this fight for sure, but since it's not a popular fight, we cannot expect that bookies will have early odds. Most likely, the odds will be available a week before the fight, in some cases, it can be available a day before the fight, so be patient and we shall see the live odds soon.
1142  Economy / Gambling discussion / Re: Government Owned Online Casinos What Do You Think Of Its Potential on: June 22, 2022, 12:40:47 PM
I think there's no such country that totally depends on casinos for their revenue.

Casino taxes should not be the biggest, otherwise, people living in such countries who are fans of gambling will struggle.
It's only good if it caters tourists and the citizens will have their job in a casino.
1143  Alternate cryptocurrencies / Altcoin Discussion / Re: New coins bring a lot of big profits on: June 21, 2022, 09:39:25 PM
What are your goals when investing in new coins? Did you get a huge profit from the new coins? Can you recommend a new coin worth investing besides LUNA?
New projects are just a waste of time and money since most of them end up in scams and that there's no way you can expect decent profits from them. Instead, invest in bitcoin and ethereum, you will never face huge losses as long as you never intend to sell them when prices are dropping. Although there are some coins that are unexpectedly increasing their prices, but be careful as they might be hyped and that everything will fall down once the hype is gone.
1144  Economy / Trading Discussion / Re: Enter the market with a loss mindset~what you can afford to lose on: June 21, 2022, 08:50:46 PM
Because no one knows for sure, which price is the bottom and which is the top?
We can just buy at the price we expect to be the bottom and take profits at the price we expect to be the top.
No one wants to buy at the top and sell at the bottom, the act of buying and selling comes from your judgment and results in the best answer, not a right or wrong argument in the market.

Last December 4, 2021, Bitcoin had a bad drop from ATH to $42,000, down nearly 40%, and many Altcoins dropped 20-30%, for many investors, this is really like like a nightmare. but calmly looking back, this is not unusual for the crypto market.

From August 2021 to the end of 2021, everywhere you go you will see a lot of people predicting bitcoin will reach 100k - 200k, then most investors just buy more, not sell. But as a result, we have seen, that bitcoin keeps falling in price.

Cryptocurrencies are always like that, it feeds us every day, fattening us up and then eating us with subjectivity and confidence that we are smart enough to beat this market.
But no, capital management is ultimately still iron armor to help us survive in the market for a long time.

Bottom or top is valid only when we have a sell action.
It is the price at which we sell that determines whether the order is bottom or top.
Prices always fluctuate over time and never stand and no one can predict the top or bottom price 100% correctly,
So, when entering the market, prepare yourself not to give up.


:::Crypto Is On Sale:::
.


-Duke Khan

Entering the market unprepared will only create further losses on your part, especially if you always think that the market is always up and that the crypto prices are always at their top. If your mindset is like this, you will never come to endure when the market is close to collapse. That is why you should come to the market ready for its bulls and bears, making profits and lose them later on, Otherwise, you will always see yourself giving up in every market condition that triggers your investments to make profits, and that won't make you successful in the long run.
1145  Economy / Trading Discussion / Re: Do not panic. Everything will get better on: June 20, 2022, 10:09:02 PM
1. Be patient, don't panic.
2. Buy and hold.

The first attitude is very suitable to be applied and very many traders experience tremendous panic when they see the market price drop, especially Bitcoin is now at $18k.

It's becoming increasingly apparent that other coins are very influential on Bitcoin. So, the opportunity to buy to increase the volume of Bitcoin can be done again for long-term investments. The current market situation in my opinion is a very tough test to be applied by those who are impatient.

Do not panic. Everything will get better.
Bitcoin price has increased a bit but i must say this is still a good buying moment. A lot of bitcoin enthusiasts have been waiting for this big opportunity to increase bitcoin in their portfolio so let's not put it to waste. Buy and hold, as its the best thing to do. Or do DCA as its always helpful if you want to buy at bitcoin's cheapest value. While others are building their wealth in this bearish market, others have been blinded by fears and leave the market instantly. And what's most frustrating is when they start coming back in the market ready to buy when the market is already bullish, and bitcoin is already very expensive by that time.
1146  Bitcoin / Bitcoin Discussion / Re: BTC is being too nice. Most people don't deserve the chance to buy it so cheap. on: June 20, 2022, 08:55:32 PM
The ones who will miss this train also might never see another. Do you really think BTC will be so cheap for the next years to come? Once it goes in the $1xx,xxx zone you better get used to it.

BTC is being too nice because most people don't deserve another chance after they had thousands of chances to buy it cheap and did nothing.
If people will still miss the train this time and won't dare to take advantage when the market is giving them the chance to buy, then maybe they still fail to realized that bitcoin will be worth a hundred thousand in the next couple of years and when they see its already coming, they will just resort into regrets. It would be hurting deep within when you are already given the best chance and yet you refused to ride with the train, not because you have fears, but because you never trust bitcoin that it would go that far.
1147  Economy / Gambling discussion / Re: Have you Considered a Career in Betting Consultancy? on: June 17, 2022, 09:25:44 PM
Quote
Arguably the UK’s most notorious sports bettor, Tony Bloom, is the owner of Starlizard, a company that describes itself as a betting consultancy.

Based out of Camden, London, Starlizard is also the sole adviser for Bloom’s betting syndicate, who every weekend have £1 million riding on any given football game.

This makes Starlizard the biggest betting syndicate in Britain and it is believed they make roughly £100 million a year, but that would be an average year.

Due to the secrecy surrounding the company, little is known about their total earnings, although it’s quite safe to assume it’s in the billions of pounds.

Starlizard’s 160 employees use complex statistical models to generate football odds that are more accurate than those offered by bookmakers. They even take into account the weather forecast and the overall morale of a team!

These ‘sharper’ odds are then sold to their clients so they themselves can beat the market! His much respected advice generates £13.8 million annually from customers.1

Betting consultants are gurus who have cracked the secret code of increasing one's chances of beating the bookies and sportsbooks. They provide professional betting advice to clients. Betting consultants have the experience, the reputation (they have consistently generated profits for clients over time), the expertise, and the necessary information needed to make the right betting decision. They are not Jack of all trades instead, they have their specialty. Specializing in one or more but not all of the following sports - Football, Baseball, Boxing, Horse Racing, Cricket, Basketball, UFC, Golf, and Motosport at both the professional and other levels. According to ZipRecruiter, the national average salary of a Sports Betting Consultant per year in the US is $69,887. 2

Just like Tony Bloom and others, it is possible that you can turn your hobby into a profitable business venture if you are confident of your skillsets. Have you ever considered a career in betting consultancy?

Source
1. https://www.tradematesports.com/blog/brighton-football-owner-tony-bloom-people-rich-sports-betting
2. https://www.ziprecruiter.com/Jobs/Sports-Betting-Consultant
The salary for a betting consultant is really tempting but if given a chance, i won't still choose that kind of career. I don't want to be pressured and them blamed right after they lose the bet. I prefer to stay being a bettor, sometimes i win, sometimes i lose, and i'm happy with that. Because i don't go for gambling intentionally, its just i'm having fun of it. Being a betting consultant is not an easy taks, but somehow the salary is very compensating.
1148  Economy / Gambling discussion / Re: Why is it so hard to win at gambling? on: June 17, 2022, 08:15:12 PM
Hello good day to all the members in this forum, Did you know that even if you win at gambling, you lose as well? Don't you think that's how it happened? and that’s the thing that I'd like to tackle about this topic, Because it’s hard to win at gambling, now if you want to know why? Join the conversation here.

 Honestly, I haven't seen a banker or a casino close; the bettor always loses; why is that?
And when we win, how do we feel like that? Isn't it the joy we feel, and we still want to win more and more? And when we feel like this, it is called Greed. So, in other words, the real winner is the Banker and not the gambler, so even if you win 30 times and on the 31st you bet on all the results, you lose, which means it doesn't matter what you won 30 times.

Now let's not prolong this conversation; what if one of your family (Father, Mother, Brother-Sister, or Wife) or relative (Uncle, Auntie) is addicted to gambling or becomes addicted? What do you do? Here is my answer as follows,

- Don't feel guilty

- Never ever blame yourself for their Addiction

Now, I'd like to know your additional perception of this discussion; let us share our knowledge
to grow more here, your opinion, advice, or suggestion is much appreciated.

It's hard to win in gambling if you don't have luck and certain strategies to make you win. The house will always have to win, and the bettors will not gonna take the winnings all the time. However, even if you have the luck and the strategies needed in a game, it does not guarantee profits but you can minimize your losses somehow. After all, gambling is a game of chance, something that we can never fully control its result.
1149  Economy / Gambling discussion / Re: High odds or low odds, which do you prefer? on: June 17, 2022, 07:43:24 PM
Let us assume that high odds start from 1.5 and above while low odds starts from 1.2 and below.

I specifically like football gambling. When I started to gamble, I go for high odds, but I was not that experienced and I lost a lot. I gained experience but I preferred to gamble on low odds. Only what this led me to is to play more and I noticed losses too. This is just a means someone can also become addicted because low odds will only want you to accumulate and bet more. If you bet more frequently than usual, regardless of the odd, be it high or low, loss is inevitable, it is guaranteed.

I play less often unlike before, I reduced the money I am using to bet, emotions gone and I win than before. How about you people, are you high odd punter or low odd. Can you also tell us your experience? At you losing or you make profit from the odds you are taking?
Regardless if it’s high odds or low odds, it does not change the fact that we are still gambling and that losses will always be inevitable. However, the odds will depend also on what game I gamble. I mostly bet on high odds in sports betting game like basketball since I know it quite well so the chance to win is quite high. But in some games like slots or dice, I only bet for low odds since I have less control on them.
1150  Economy / Gambling discussion / Re: Your Mantra After, while playing And Before You Gamble on: June 17, 2022, 07:16:46 PM
I and many of my friends have our own mantra before and after we gamble, I just discovered this when we have a drinking session we find out that many of us have our own mantra before, while playing and after or even in the middle of playing.

Mine was "This is my lucky day and I'm claiming it" and when in the middle of the game "I need to play money that I can afford to lose".

How about you do you have one and when do you recite it before, while playing or after you gamble.
I was once a believer of some mantras before but then I realized it’s not really working at all. But luck is all I need and some strategies to win. So now, whenever I gamble, I just keep being positive minded and never get bothered with anything so I can focus on the game. That way, I prevent some losses and if lucky enough, I ended up some good amount of profits.
1151  Economy / Gambling discussion / Re: Sports Betting vs Online Casino Games: Which do you prefer? on: June 17, 2022, 06:11:14 PM
I have a friend who used to be so crazy about sports betting. He would bet on live sports and simulated leagues. On some days, his strategy will be to bet on a specific outcome within the game. While on other days, he'd bet on overall outcomes within the game. Sadly, he has lost more times than he won. One day, everything changed when he discovered online crypto casinos. It was as if a new world had opened up. He would spend most of his time on slots, dice, table, and games...

When I asked his reason for abandoning sports betting for online crypto casinos. He told me that aside from being able to receive payment in bitcoins, he loved the instant winnings that the online casinos offer. Secondly, online casino games are less stressful than sports betting.  He explained that sports betting requires knowledge of the sports and sophisticated strategies to win.  I cannot tell if he is better off in terms of winning in his online casino games than he did in sports betting. So between sports betting and online casino games, which do you prefer?
Online casino games are mostly based on luck so you have less control whatever the end of the game. And if you are unlucky that time, you will never win and may only lose your money if you continue gambling. However, for sports betting, although luck is still there, but its more played by knowledge and skills so once you are more inclined in that particular game, most likely you can predict the outcome of that game.
1152  Other / Beginners & Help / Re: Is investing more than you can afford to lose inevitable? on: June 16, 2022, 11:39:32 PM
Invest only what you can afford to lose is a very popular phrase for bitcoiners, but how do you manage to do it, many bitcoiners have lost fate in fiat currencies because of inflation, so they do not consider banks to be an option for holding. Some people say they only keep what they feel will be sufficient for them per month, and invest the rest of their income, will that not be investing more than you can afford to lose?

If i earn $400 for example, and i keep a $100 and invest $300 in bitcoin, with time my bitcoin will grow and i will have so much money in my wallet, but no money in my bank, and this is exactly how people claim they go about things because of inflation, isn't this investing more than you can afford to lose? And if you are in for diversification, and in addition to bitcoin investment you put some of your money into real estate, gold, and the rest, and only keep what can sustain you per month, isn't it investing more than you can afford to lose?

How do you go about this personally? I am asking because many people especially bitcoiners do not trust the banking system, with inflation and censorship problem, in that case does it mean that investing more than you can afford to lose is inevitable in this current system? Because your money is somewhere else, either bitcoin or other investment.
I doubt it as you have the full control on your funds and it’s your own choice if you invest more than you can afford to lose or just invest a small amount enough to lose. I think the best solution to avoid this is you only invest into another investment if you have made profits already in your first investment. Get back your capital and invest your profits only and roll it through diversifying.
1153  Bitcoin / Bitcoin Discussion / Re: Newbies: Don't panic and learn to hold on: June 16, 2022, 10:56:55 PM
I think this topic is worth to remind again for many newbies who panic about the current situation where Bitcoin price $30K strong resistance now drop to $24K currently traded. There are many so called expert who always predict Bitcoin price will go to x, the bottom is x etc, also one of them were offer to give his money to everyone if his prediction gone wrong, this strategy is to convince newbies to believe his words.

Take look on these so called expert who predict Bitcoin price:
1. The ‘Ultimate’ Bottom?—Major Fund Manager Reveals Shock Bitcoin Price Prediction And Stark Crypto Warning As Ethereum, BNB, XRP, Solana, Cardano And Avalanche Plummet
2. Renowned analyst who predicted Bitcoin price top at $69,000, now claims the bottom is at $24,000
3. Bitcoin price may bottom at $15.5K if it retests this lifetime historical support level
4. Crypto is dead. Long live crypto
5. Long-Time Bitcoin Bear Offers $1,000 To Every Retweeter If His Prediction Of BTC Hitting $10K In 2022 Goes Wrong

Don't believe of those so called expert predictions since there's no guarantee their words will come true, there's no crystal ball in this world. If they're a time travel who know the correct Bitcoin price in the future, they would shut up and just bought the bottom price, so they can sell at the peak since they're already know it. But, why does they need to told everyone the Bitcoin price will crash to x etc? Because they want to gain popularity if their words are come true. They just randomly guessing the price in hoping they're correct.


Did I scared after looking this chart? No, because if you look at the history, you will see Bitcoin have been survive 3 times about the dump/crash.


The first is on 2017 and 2018, where the peak is $19K and the bottom is $3K (84% change)
The second is on 2019 and 2020, where the peak is $11K and the bottom is $5K (54% change)
The third is on 2021, where the peak is $60K and the bottom is $30K (50% change)

Now we're previously at the peak $69K and currently the bottom is $24K (65% change) is still not beat the 2017 and 2018 history where the change is 84%, why would we panic and not trust Bitcoin anymore? Think about it.

If you still keep thinking Bitcoin will dead, do you forget all the adoption from any institutional, government, and foremost the countries who accept it as a legal tender. Not to mention Bitcoin already improve a lot of the development e.g. Lightning network to solve the scalability issues, using for friendly energy for mining, hash rate & difficulty increase to prevent from 51% attack etc. Bitcoin right now is more scarcer since it's already mined 19Million Bitcoin, only 2Million left. We're already close Bitcoin will be accepted in entire countries due to it's value and become a currency since the price will be more steady. This is the reason why I AM HODLING.

Don't predict the bottom, just do Dollar Cost Averaging or Averaging down to accumulate more Bitcoin. We're as a Bitcoin enthusiast are looking for long term, not short term or instant profit by pump & dump of shitcoins. Also there's nothing wrong to diversify your investment, but make sure you're diversify to other assets/commodities e.g. gold, silver, bonds, real estate etc, never diversify to shitcoins since it's worst than Bitcoin.
There are a lot of crypto influencers in the market that boast around and lure the minds of newbies. If you fall for them, that will be your loss and a profit for them. That is why newbies should always come to the market knowledgeable enough and have good skills on investing because that will be their edge not to lose from their investments because they end up in panic and have no patience to hold for long term as crypto are not for quick and easy profits but more on for long term investments.
1154  Alternate cryptocurrencies / Altcoin Discussion / Re: Can anyone explain what is the value of meme coins? on: June 16, 2022, 10:30:18 PM
I am confused that there are meme coins whose prices are sky rocketing but I dont see any real value these meme coins are providing
Don't bother thinking about it because the truth is, meme coins don't have utility cases in the market that makes them sustain their value. Unlike established coins, meme coins only increase their value when hyped but when the hype is gone, they all fall down to a useless value. That is why its never safe to invest in them because you can't guarantee how long they can sustain their value and stay in the market, or just disappear instantly because their prices have gone out to zero.
1155  Other / Beginners & Help / Re: Creating a prepared mindset before the reality emerged. on: June 16, 2022, 09:50:21 PM
Let me share you a story.

A certain man all his life while working never thought he was going buy a car he could call his own, then one day fortunate smiles at him and he was able to buy his first ever car. Filled with immeasurable joy he drove the car to his work place the next day. At the close of work that very day he walked out of his office forgotten he came with a car of his, stopped a cab (public transport) and boarded home.

On reaching home, his wife astonished seeing her husband from afar, someone who left home to the office in his new car is coming back home using a public transport instead of his new car.

There and then she asked him, what happened to your car?

Diverting this story a bitcoiners' life. We would find out that many butcoiners today have lost some good asset of theirs as a result of this kind of scenario in the story above.

You hear people crying that they have forgotten, lost or misplaced their wallet phrase/seeds or even their password. Some of these stories may not be unconnected to the case of this story above. Mind you it wasn't because the man in question was careless, unserious, or perhaps whatever words that you feel could fit in for the situation. But probably because he never imagined in his lifetime that he could own a car and as such the reality never connected or linked with him even when he got his own car. Same with some butcoiners who never imagined they could make or achieve certain assets and being overwhelmed by it they loss connect (psychologically) to access to that asset consciously or unconsciously.

DEVELOP A DIFFERENT MINDSET:
Today, let everyone out there who's still working hard and investing hard, haven come across this story, take a decision to have a change of mindset, a millionaire/billionaire mindset so when things starts pumping better and higher increasingly in figures you wouldn't be overwhelmed cause already the millionaire/billionaire mindset was already there before the reality emerged. cause in Bitcoin anything good can happen.

Think about it my friend. Just think about it!
Your story is seen motivational but maybe its quite odd to consider that someone has forgotten that he has his own car and drive home with public transportation. But i get it. It's useless to achieve your goal without a prepared mindset because you will eventually lose it again. This story goes out for all newbies out there as mostly they enter the market without a positive mindset and even if they have made huge profits already, they were unable to sustain it because their mindset is not totally set.
1156  Alternate cryptocurrencies / Altcoin Discussion / Re: Need Help for investment in new projects on: June 16, 2022, 07:30:02 PM
When you realize the state of the market today, it has been very badly disposed of, so never drop money on a new project. Even if it is tempting, due to the fact that you will get nothing. People would be much better off avoiding bear markets at this time, and more inclined to guard their assets. I have nothing to suggest to you, in fact I think it's better not to invest for now. If you insist, then again, every decision is yours.
Its true. In this bearish market, its hard to trust new projects as they would still end up in scams. It's better not to invest in it and focus yourself in buying bitcoin because its fully guaranteed, bitcoin won't fall as a scam. And the fact that its less likely to be profitable when the market is dumping, except for those experts here in the market as they would always find ways to manage the market well. So stay way from it, and divert your interest into bitcoin as its always the safest thing to do.
1157  Bitcoin / Bitcoin Discussion / Re: "It's Better to Sell Bitcoin Now and Rebuy Lower" Twitted by Peter Schiff on: June 15, 2022, 11:43:12 PM
After Bitcoin plunged below $21,000, prominent crypto hater and investor in gold Peter Schiff shared a chart which, to him, shows that the flagship digital currency is likely to test $5,000.

In the meantime, chief of Galaxy Digital Mike Novogratz believes $20,000 may be the bottom for Bitcoin, although he added that it may certainly go lower.

"Hard to imagine BTC not testing the lower line"
CEO of Euro Pacific Capital and founder of SchiffGold, prominent wealth manager and economist Peter Schiff has taken another jab at Bitcoin, seeing it plummeting from the $30,000 level.

Earlier this year, he has several times shared his expectations of Bitcoin falling substantially below the $30,000 level. If it happens, he tweeted at the start of the year, then BTC is likely to go all the way down to $10,000.

More details:
https://u.today/its-better-to-sell-bitcoin-now-and-rebuy-lower-peter-schiff
I am open that bitcoin will always have bigger chances to drop lower than it’s current price but selling at its present price will never guarantee profits. There’s no reason to sell if the price is lower compared to the price when you bought it. But buying at this moment will always be recommendable based from the experiences of the early adopters here. So if you want to stay away from losses, learn to avoid people like Peter as they don’t have good things to say about bitcoin.
1158  Other / Beginners & Help / Re: What's been your greatest challenge on BTT ? on: June 15, 2022, 11:08:16 PM
Nothing. While I love Bitcointalk and I enjoy conversing here, I think some people take it a bit too seriously as if Bitcointalk is some company and that they need to climb the corporate ladder on.

Be on Bitcointalk if you like talking about Bitcoin/crypto. The earning part should only be an extra; and try your best to make your Bitcointalk earnings not your main income to the point that we're talking about courage and believing in yourself and all that stuff concerning ranking up on Bitcointalk.

^Probably a controversial take but yea lol.
If you come to bitcointalk forum because it’s like giving you a consistent income, I guess that alone will create a challenge on your part because we can’t be sure that these campaigns will forever exist, but it’s always good to seize them while they still exist. However, earning is not the main goal here but you came here for knowledge and experience. Getting profits are just a bonus for those who can do good more than their experience and skills in crypto forum.
1159  Economy / Trading Discussion / Re: Dubai: FIVE Hotels Unveils Support for Bitcoin and Ether Payments on: June 15, 2022, 10:42:00 PM
UAE is showing more light to the countries of Asia and Dubai making the visitors coming into their hotel having a choice of payment is another plus to bitcoin adoption. I think it will be a greater success when payment for flight bookings into and out of Dubai is done through bitcoin because Dubai is surely one of the most tourist cities of the world.
I think next to their big leap is accepting crypto payment in their international airports as it would attract more tourists from other far and neighboring countries. I believe they are seeing this already that crypto will be a big thing in the market and that they make sure to stay ahead from other hotels and resorts as that would create more income on their part as they now both accept both fiat and crypto.
1160  Economy / Economics / Re: From Sideways to Downhill on: June 15, 2022, 10:03:42 PM
Apparently, the sideways market broke down not out. Are we in a "now what" situation? Or do you think this is as far down as it goes? Even the week chart looks bad for BTC. Any suggestions what to do?
Everything is expected just when the market starts being bearish. Bitcoin could even fall below $20k and settle into $3k just like what had happened before. So what we are seeing right now is never the first time to happen in the market. If you can maximize your purchase this time especially for bitcoin, that would be very great as bitcoin will always be the first to skyrocket and then altcoins will follow too. So never gets depressed and disappointed with the market, crypto market has been here already but after that, a sudden huge price increase is usually observed.
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